O-I launches $500 million senior notes offering
Proceeds will redeem its 6.625% Senior Notes due 2027.
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Glass bottle manufacturer
o-i.comLast updated
In short: O-I reported a $73 million Q1 loss, launched a $500 million debt offering to refinance notes, and continued its global sustainability initiatives.
Proceeds will redeem its 6.625% Senior Notes due 2027.
Earnings release and presentation available; conference call on April 29.
It will outline its strategy to enhance shareholder value, maintain full-year guidance, but expects additional Q1 earnings pressure due to European headwinds.
Adjusted earnings nearly doubled to $1.60 per share, driven by Fit to Win benefits.
Even if it's not a huge purchase, we think it was good to see that John Haudrich, the Senior VP &...
The average one-year price target for O-I Glass (NYSE:OI) has been revised to $13.37 / share. This is a decrease of 20.27% from the prior...
O-I GLASS INC has an Investment Rating of HOLD; a target price of $8.000000; an Industry Subrating of High; a Management Subrating of Low; a...
O-I Glass SVP Burns buys $102,467 in company stock...
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